FOOD Share
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
FOOD Share meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to lead the fight against hunger in Ventura County."
Year, State Incorporated:
1984, CA
FOOD Share distributes healthy food through the organization’s programs, including drive-thru food boxes, senior kits, and a kids’ farmers’ market, as well as through partner agencies. During 2022, the organization reports distributing nearly 19 million pounds of food, providing 16 million meals, to more than 250,000 people in Ventura County.
For the year ended June 30, 2022, FOOD Share's program expenses were:
CSFP, EFAP, and other programs: $8,120,203
Agency distribution: $22,128,277
Total Program Expenses: $30,248,480
Chief Executive
Monica White, President and Chief Executive Officer
Compensation*
$251,289
Chair of the Board
Drew West
Chair's Profession / Business Affiliation
Retired General Manager, Global Academic Partnerships for The Trade Desk
Board Size
16
Paid Staff Size
40
*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Special events, Foundation grants, Corporate solicitation
Fundraising costs were 3% of related contributions. (Related contributions, which totaled $33,531,476, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on FOOD Share's audited financial statements for the year ended June 30, 2022.
Source of Funds
| In-kind contributions | $63,397 |
| Special events, net | $238,195 |
| Change in value of beneficial interest in assets held by Ventura County Community Foundation | $-176,244 |
| Gain on disposal of property and equipment | $4,300 |
| Payment Protection Program forgiveness | $330,200 |
| Special events, net | $238,195 |
| Grants and contracts | $2,372,997 |
| Contributions | $5,772,122 |
| Donated food | $24,617,790 |
| Total Income | $33,236,221 |
Programs: 93% Fundraising: 3% Administrative: 4%
| Total Income | $33,236,221 |
| Total expenses: | $32,575,969 |
| Program expenses | $30,248,480 |
| Fundraising expenses | $1,051,368 |
| Administrative expenses | $1,276,121 |
| Other expenses | $0 |
| Income in Excess of Expenses | $660,252 |
| Beginning Net Assets | $17,064,889 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $17,725,141 |
| Total Liabilities | $623,743 |
| Total Assets | $18,348,884 |
Note: According to the organization’s audited financial statements for the year ended June 30, 2022, the organization received in-kind contributions of $24,681,187 including food ($24,617,790) and gift cards ($63,397).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance